A Letdown: 'The Cashflow Quadrant' Falls Short of Expectations
add_circle Pros
- The book does offer some insight into Kiyosaki's personal journey and how he built his fortune, but it's not enough to save the rest of the content.
- The writing is engaging, and Kiyosaki's passion for his ideas is evident, even if they're not particularly original.
- Some readers may appreciate the book's focus on financial education and the importance of taking control of one's finances.
- The book does provide a useful framework for understanding the different types of income and how to achieve financial freedom.
- Kiyosaki's message about the importance of building wealth-generating assets is worth considering, even if he doesn't provide a clear roadmap for achieving it.
- The book does offer some practical tips on how to get started with investing and building wealth, but they're not enough to make up for the rest of the book's shortcomings.
remove_circle Cons
- The book is overly reliant on fluff and repetition, with the same ideas being beaten to death multiple times.
- Kiyosaki's advice is often vague and lacks concrete details on how to actually achieve success.
- The book focuses too much on Kiyosaki's personal story and not enough on providing actionable advice for readers.
- The writing can be dense and difficult to follow at times, making it hard to stay engaged.
- The book's message is not particularly original or groundbreaking, and readers may find themselves yawning at the familiar ideas.
- The book could have benefited from more concrete examples and case studies to illustrate the concepts being discussed.
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Editor's Summary
I gotta say, after diving into Robert Kiyosaki's 'The Cashflow Quadrant', I was left feeling underwhelmed. The book's main message - that working for someone else is bad and unprofitable - is nothing new, and Kiyosaki's execution falls flat. The content is weighed down by fluff, with the same ideas being repeated ad nauseam. I found myself skimming through pages of vague advice and no concrete details on how to actually achieve success. It's a shame, because I was expecting a game-changer, but 'The Cashflow Quadrant' is a total letdown. I was expecting a more comprehensive guide to building wealth and achieving financial freedom, but what I got was a bunch of repetitive ideas and a lack of concrete advice.
Specifications
I've gotta say, after reading this book, a certain song kept popping into my head. It was like Robert Kiyosaki's message was stuck on repeat, but it just didn't sink in.
So, what's the deal with Robert Kiyosaki? This American of Japanese descent has some ideas to share, but let's get real - they're not exactly revolutionary. I mean, we've heard it all before.
Let's start with the book's content and then I'll tell you how his advice played out for him.
The thing is, there's a lot of fluff in this book, with the same idea being beaten to death multiple times. It's like Kiyosaki's trying to make a point, but it's just not landing. I found myself skimming through pages and pages of the same old stuff.
Kiyosaki's main message is that working for someone else is bad and unprofitable. It's a waste of time and energy. He spends half the book talking about how he came to this realization and how he made his fortune, but it's all pretty vague. I mean, we don't get any concrete details on how he actually did it.
But what exactly does he mean by 'working for yourself'? He's super vague about it, which is frustrating because it's the whole point of the book. I was expecting some real guidance, but it just wasn't there.
He talks about investing in real estate and stocks, which is all well and good, but it's not exactly rocket science. Anyone with a basic understanding of finance knows that. I mean, it's not like he's teaching us anything new.
He presents this 'Cashflow Quadrant' strategy, which is supposed to help you achieve financial freedom. But all it really does is encourage you to live a life of luxury, traveling first-class and eating at fancy restaurants. And, of course, you'll need to be a tax expert too. It's just not realistic for the average person.
That's it. That's the whole book. It's like Kiyosaki's trying to sell us a dream, but he's not giving us any concrete advice or a clear plan to follow. I was left feeling disappointed and a little bit annoyed.
What I did like about the book was that it was inspiring. It made me want to ditch my 9-to-5 job and start something new. But, unfortunately, I didn't find anything new or groundbreaking in his ideas. It's just the same old self-help fluff.
What I didn't like:
1. I'm not a fan of self-help books like this one. They promise the world but deliver nothing. Kiyosaki shares some of his thoughts, but they're not exactly earth-shattering. And the most interesting part is left out. It's like he's holding back on us.
2. The book is based on a Western concept of investing in stocks and real estate, which is not relevant to our post-Soviet reality. Most people here don't have access to those markets, and even if they did, they'd need specialized knowledge to navigate them. It's just not practical.
3. I'm old-school, I guess. I was raised to believe that hard work is respectable. Kiyosaki's disdain for manual labor really rubbed me the wrong way. I mean, who would produce goods and services if everyone became investors overnight? It's just not how the world works.
It's ironic that Kiyosaki's own business went bankrupt in 2012, unable to pay its debts. I guess even he struggled with cash flow! It's like he's preaching one thing but practicing another.
I wouldn't recommend this book to anyone. It's a disappointing read that promises the world but delivers nothing. If you're looking for real advice on how to achieve financial freedom, keep looking.
Thanks for listening.
By the way, you might want to check out my review of 'The Tao of Pooh' by Benjamin Hoff. It's a much more thought-provoking read.
